Finance
Master the art of nonprofit finance. Explore a curated collection of articles, insights, and resources on budgeting, fundraising strategies, compliance, and more.
Discover practical advice and expert tips to effectively manage your organization’s finances and maximize your impact.
Amaze Your Friends with these Nonprofit Factoids
Rick Cohen mined metric tons of data to bring some newly published, meaningful facts about the nonprofit sector that we should be aware of.
L3C: Pot of Gold or Space Invader?
For-profit companies seek foundation grants and government tax exemptions that presents risks and challenges to the nonprofit sector.
Attorney Recommends Review Instead of Audit
A nonprofit considered moving away from having an annual audit to having a review, and the board wanted a legal opinion before making a decision.
An Agreed-Upon-Procedures (AUP) Success Story
CPA Dennis Walsh discusses how using an Agreed-Upon-Procedures Engagement can done at much lower cost than audits to benefit nonprofits.
Seven Ways to Reduce Your Audit Costs
Dennis Walsh, a certified public accountant, shares seven ways nonprofits can reduce the costs around the auditing process.
Faith-Based Nonprofit Funds: Presto Change-o
Rick Cohen explores the faith-based federal funds initiative launched by President Bush and revamped by President Obama.
Focus on the Destination, Not the Route (Budget)!
Jeanne Bell argues it’s time to stop looking at budgets and pay attention instead to projections and financial goals.
New 990 Software Release on July 20: Is It Enough?
The 990 Online software issue and a modest investment that would ease the implementation burden for nonprofits nationwide
Finance Fear Factor Ratios
Watching indicators of financial health like performance-to-budget or reserve size are important, but may not say if you need to worry now.
Volunteer Time Financial Statement Illustrations
Financial notes for the article, “Tracking Volunteer Time to Improve Your Bottom Line: A Complete Accounting Guide,” by Dennis Walsh, CPA.